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Search Unemployment with Advance Notice [electronic resource] Garibaldi, Pietro.

Author/Creator:
Garibaldi, Pietro.
Publication:
Washington, D.C. : International Monetary Fund, 1998.
Format/Description:
Government document
Book
1 online resource (42 p.)
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 98/119.
IMF Working Papers; Working Paper No. 98/119
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Local subjects:
Average duration of unemployment. (search)
Average unemployment. (search)
Beveridge curve. (search)
Duration of unemployment. (search)
Effect on employment. (search)
Employment. (search)
Employment at will. (search)
Employment effect. (search)
Employment growth. (search)
Employment outlook. (search)
Employment protection. (search)
Employment protection legislation. (search)
Employment size. (search)
Equilibrium unemployment. (search)
High productivity jobs. (search)
High unemployment. (search)
Inflows into unemployment. (search)
Job creat. (search)
Job creation. (search)
Job destruction. (search)
Job flow. (search)
Job flows. (search)
Job gains. (search)
Job market. (search)
Job opportunities. (search)
Job reads. (search)
Job reallocation. (search)
Job search. (search)
Job security. (search)
Job security provision. (search)
Job security provisions. (search)
Job seeker. (search)
Job seekers. (search)
Job separation. (search)
Job separations. (search)
Job turnover. (search)
Job-search. (search)
Jobs. (search)
Labor demand. (search)
Labor economics. (search)
Labor force. (search)
Labor force participation. (search)
Labor force participation rates. (search)
Labor force surveys. (search)
Labor market. (search)
Labor market flexibility. (search)
Labor market institutions. (search)
Labor market legislation. (search)
Labor market rigidities. (search)
Labor markets. (search)
Labor reallocation. (search)
Labor relations. (search)
Labor utilization. (search)
Labour. (search)
Labour market. (search)
Labour market policy. (search)
Long term unemployment. (search)
Long-term unemployment. (search)
Net employment. (search)
New job. (search)
New jobs. (search)
Permanent job. (search)
Rates of unemployment. (search)
Search unemployment. (search)
Total employment. (search)
Unemployed. (search)
Unemployed job seeker. (search)
Unemployed job seekers. (search)
Unemployed people. (search)
Unemployed workers. (search)
Unemployment. (search)
Unemployment duration. (search)
Unemployment policy. (search)
Unemployment rate. (search)
Unemployment spell. (search)
Unemployment spells. (search)
Canada. (search)
Grenada. (search)
Italy. (search)
Spain. (search)
United Kingdom. (search)
United States. (search)
Summary:
This paper proposes and solves a search model in which job separation requires mandatory notice. When jobs are subject to idiosyncratic uncertainty, firms would issue advance notice even with good business conditions. We show that such precautionary policy is not pursued if it entails sufficiently high productivity losses. If workers can search on the job, an increase in advance notice increases job to job movements, reduces unemployment flows, and has ambiguous effects on unemployment. Results are consistent with the fact that North American and European labor markets, despite their differences in job security provisions, experience similar turnover rates and dissimilar unemployment flows.
Notes:
Description based on print version record.
Contributor:
Garibaldi, Pietro.
Other format:
Print Version:
ISBN:
1451854145:
9781451854145
ISSN:
1018-5941
Publisher Number:
10.5089/9781451854145.001
Access Restriction:
Restricted for use by site license.